A The lender providing funds for a mortgage. Lenders also manage the credit and financial information review, the property and the loan application process through closing. that A New York stock exchange company. It is a public company that operates under a federal charter and is the nation’s largest source of financing for home mortgages. Fannie Mae does not lend money directly to consumers but instead works to ensure that mortgage funds are available and affordable, by purchasing mortgage loans from institutions that lend directly to consumers.... has approved to sell loans to it and to service loans on Fannie Mae’s behalf.